You know what it looks like… but what is it called?
TAKE THE QUIZ“payment clause”
We have one entry that includes the term payment clause.
facility of payment clause
: a clause in an insurance policy permitting the insurer to pay the death benefit to a relative of the insured or to any other person especially by reason of the person's incurring expenses (as funeral expenses) on the insured's behalf
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Merriam-Webster unabridged
